There were fewer homes sold in Oceano CA during the first half of this year than 2011, a 15% drop in fact, in the number of homes sold. Days on market stayed flat, short sales increased and foreclosure edged down slightly. The big story in Oceano CA seems to be price. Average list prices fell 25.3%, and average sales prices fell 25.1%. Quite a drop. It could simply reflect more lower priced inventory selling overall, but still quite a drop and worthy of a remark. I’m sure the end of the year Oceano CA real estate report will tell a more complete story.

If you are considering selling your Oceano CA home and you would like a comparative market analysis, feel free to contact my office at (805) 938-9950 and set up an appointment. I specialize in short sales and distress sales. If you are interested in buying a home in Oceano CA, I will be happy to assist you and provide a list of available homes in Oceano CA and the surrounding area.

* Stick built SFRs & PUDs. Zip codes 93445. Based on the information from the Central Coast Regional MLS. The Association, the Multiple Listing Service, nor Mint Properties guarantees or is in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the real estate market. School district boundaries are subject to change and must be verified with the appropriate authority. Nothing in this article is intended to solicit listings currently under contract with another broker. This article offers no legal or tax advice and is for information purposes only. Those considering a short sale are advised to consult with their own attorney for legal advice, and their tax professional for tax advice prior to entering into a short sale listing agreement.